Friday, May 13, 2016

Wild Treasury Bill Ack Man!

May 12, 2016
Pershing Square's Total Return Approaches Negative Territory

The steep loss brings the return on Ackman's fund to just 0.2%, net of fees, since its December 2012 launch vs. a 55.2% return in the broader S&P 500.

It's exactly like investing in treasury bills, but you get a much wilder ride! Woohoo!



All green of skin... 800 centuries ago, their bodily fluids include the birth of half-breeds. For the fundamental truth self-determination of the cosmos, for dark is the suede that mows like a harvest. - Martian Translator Device

2 comments:

dearieme said...

Presumably Mr Ack Man has hung his head and returned his pay.

Stagflationary Mark said...

dearieme,

Presumably monkeys will fly out of my bottom at the exact moment his pay is returned. I'll let you know when it happens. Hahaha! ;)